One phrase heard often these days in (video) conversation with private equity professionals is, “We have been expecting a downturn for a long time—just not this one.” Of course, the havoc that COVID-19 has wrought on lives and livelihoods the world over is much more...
If we were to say that the coronavirus outbreak is a Lehman Brothers moment for the corporate world, it would be a gross understatement. The collapse of Lehman Brothers sent global capital markets into a deep-freeze mode, adversely impacting the capacities of the...
RPMI Railpen, the investment manager for the UK’s £30bn (€34bn) railways industry pension scheme, has hired Mads Gosvig. as chief fiduciary officer, investments from Denmark’s ATP Group. He joins tomorrow and will fill the gap left by Michelle Ostermann’s appointment...
No games are underway during the coronavirus pandemic, but pro-sports organizations have as big a role to play as ever, says Apollo Global Management co-founder Josh Harris, owner of the Philadelphia 76ers and New Jersey Devils. Teams have an obligation to support...
At least two private consortia are circling to take over Virgin Australia, reducing pressure on the federal government to bail out the ailing airline. Sources inside government and the aviation industry confirmed to The Australian Financial Review that one consortium... 